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London stocks rebound as hopes of US-Iran talks lift sentiment

Tue, 14th Apr 2026 11:19

April 14 (Reuters) - UK stocks rebounded ​on ‌Tuesday, buoyed by hopes of U.S.-Iran peace talks, even as the U.S. ⁠began a blockade of Iran's ports.

The blue-chip ⁠FTSE 100 index rose ​0.1% to 10,593.65 points by 5:58 GMT, while the midcap FTSE 250 climbed 1.13%.

* UK stocks gained on Tuesday, mirroring strength in European ​peers, ‌after a report said U.S. and Iranian negotiators may return to Islamabad for talks later this week.

* Oil prices fell below $100 a barrel.

* Heavyweight banks gained 0.4%, with NatWest Group ​and Standard Chartered rising more than 1% and Barclays up 0.7%.

* ‌Precious metal miners rose 2.6%, tracking gold and silver prices; Fresnillo and Hochschild Mining up 3.5% and ‌2.6% respectively

* Industrial metal miners added 1.5%, with Rio Tinto rising 0.7% and Glencore up 1.7% after copper prices hit one-month high.

* ​Energy stocks dipped 0.6%, with Shell and BP down more than 0.5%.

* Travel ‌and leisure stocks gained 1.8% as oil prices slipped. Cruise operator Carnival was up 2.7%, while airlines also inched higher.

* EasyJet and ⁠Wizz ⁠Air rose 2.5% and 7.5%, respectively.

* Davidoff ‌cigarettes maker Imperial Brands slumped more than 7%, nearly a nine-month low after it ​flagged uncertainty for ​the year due to Middle East conflicts.

* Intertek ‌rose 11.8% to a one-year high after the product testing and certifications group said it is considering splitting its business. (Reporting by Utkarsh Hathi in Bengaluru; Editing by Sahal Muhammed)

Corporate News Commodities Market News Oil & Gas Mining Construction & Materials Engineering & Industrials Consumer Goods Food & Beverages Support Services Banking Natwest Standard Chartered Barclays Fresnillo Hochschild Rio Tinto Glencore Shell BP easyJet Wizz Air Imperial Brands Intertek Group

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